About IFGL Refractories Ltd 
IFGL Refractories Ltd
Small Cap
Electrodes & Refractories
IFGL Refractories Limited (Formerly IFGL Exports Limited) was incorporated on November 22, 1989. The name of the Company was changed from IFGL Exports Limited to IFGL Refractories Limited on October 25, 2017 upon the Scheme of Merger. The Company is primarily engaged in the manufacturing, trading and selling of Refractory items and its related equipment and accessories used in Steel plants. It provides services in relation to refractory goods.
Company Coordinates 
Company Details
Sector B Kalunga Indl Estate, PO Kalunga Sundergarh Orissa : 770031
Registrar Details
Maheshwari Datamatics Pvt Ltd , 6 Mangoe Lane , 2nd Floor, Calcutta
Capital Structure 
Present Equity Capital
INR 72.08 Cr
Number of Shares
7.21 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
18-Jul-2025
7.21
72.08
36039312
10
Bonus Issue
14-Nov-2017
3.6
36.04
36039312
10
Allotment of Equity To Others
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 5 Schemes (13.4%)
FIIs
Held by 7 FIIs (0.03%)
Promoter with highest holding
Bajoria Financial Services Private Limited (66.72%)
Highest Public shareholder
Hdfc Small Cap Fund (9.09%)
Individual Investors Holdings
10.75%
Management
Designation
Remuneration
Shishir Kumar Bajoria
Executive Chairman
2.68 cr
Kamal Sarda
Director & Chief Executive Off
1.58 cr
DURAISWAMY GUNASEELA RAJAN
Independent Director
2.2 lacs
D K Banerji
Independent Director
3.05 lacs
Sudhamoy Khasnobis
Independent Director
2.15 lacs
James Leacock McIntosh
Managing Director
2.07 cr
MANSI DAMANI
Company Sec. & Compli. Officer
0
Rajesh Agarwal
Director
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Refractories
428.76
89.49%
Refractories - Traded
42.33
8.83%
Income from Application Services
7.65
1.60%
Refractories
Refractories
Refractories - Traded
Refractories - Traded
Income from Application Services
Income from Application Services
Revenue and Profits:
Net Sales:
489 Cr
(Quarterly Results - Sep 2025)
Net Profit:
13 Cr
Electrodes & Refractories
INR 1,492 Cr (Small Cap)
50.00
47
1.69%
0.08
2.61%
1.31






